Crypto Mining Firm Hut 8 Seeks $396M Raise in Latest Offering
The securities offering is expected to take place on the Toronto Stock Exchange.
The Alabama Securities Commission alleges that BlockFi has funded cryptocurrency lending in part through the sale of unregistered securities.
“We are moving ... three trillion dollars of securities onto this system and that is larger than the whole global crypto world," said Stevens.
The DeFi industry should watch closely the regulatory actions taken against BlockFi and the securities questions being raised, CoinDesk columnist Preston Byrne writes.
The revised Token Safe Harbor proposal defines what a successful project would look like.
Switzerland's financial regulator has greenlighted Taurus' digital securities platform and is now expected to launch next month.